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Aldermore slates NatWest for automating broker enquiries

vickyhartley
Written By:
Posted:
April 28, 2011
Updated:
April 28, 2011

Specialist lender Aldermore has slammed Natwest Intermediary Solutions for diverting broker enquiries through its LiveTALK messaging service, instead of dealing with all initial enquiries by phone.

Charles Haresnape, managing director of residential Lending at Aldermore, said: “It’s amazing that lenders still believe they can provide a satisfactory service to intermediaries, without being willing to talk to them.”

He added: “All the feedback we receive at Aldermore confirms that brokers value highly the ability to talk to lenders about product criteria and clients’ applications. In most instances a quick call is all it takes to confirm if a case is likely to be acceptable or not; why do lenders find it so difficult to provide such an important service?”

From 3 May all pre-sale enquiries to NatWest Intermediary Solutions regarding mortgage applications will be handled by the lender’s sales support team.

NatWest said the free-to-use messaging service LiveTALK has been used for more than 20,000 conversations in the first quarter of this year and achieved a 90% satisfaction rating from brokers. The lender added that all brokers have a business development manager available for face-to-face contact and case updates remain on the phone.

Mark Bullard, head of sales, NatWest Intermediary Solutions, said: “We have been using LiveTALK as one of our core communication channels with brokers for more than three years and have witnessed a huge increase in its usage.”

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“We are very aware of the frustrations people experience when placed in a phone queue; with LiveTALK, brokers will be able to commence their conversation almost immediately and get the answers they want with minimum fuss.”